CVPS Cow Power(TM) Expands To Vermont Electric Cooperative Farm Customer
December 06 2006 - 10:28AM
Business Wire
CVPS Cow Power� is extending its reach, giving a farm from outside
Central Vermont Public Service�s (NYSE: CV) territory the
opportunity to be part of the nation�s first farm-to-customer
renewable energy choice program. Vermont�s largest utility today
announced an agreement with a Richford farm served by Vermont�s
largest member-owned electric utility, Vermont Electric Cooperative
(VEC), to be the first non-CV farm under contract with the CVPS Cow
Power� program. �Through this agreement with Berkshire Cow Power
LLC, we are expanding the clean, renewable energy produced in
Vermont from cow manure and extending the value of our program
across utility service territories,� CVPS President Bob Young said.
�We hope this will be the first of many outside farms to join farms
within our service territory as we continue to develop this market,
which is producing wonderful environmental benefits and helping
Vermont farmers at a time of severe financial hardship.� The
contract was reached through the cooperation of VEC and its farm
member, Berkshire Cow Power LLC. VEC Chief Executive Officer David
Hallquist said all of VEC�s members and the environment benefit
from this joint arrangement. Under separate contracts, VEC will
purchase the farm�s electrical output and CVPS will purchase the
renewable energy credits and related benefits associated with the
farm-based generation on behalf of customers. CVPS Cow Power�
agreed to purchase credits and all associated renewable attributes
for 4 cents per kilowatt-hour. �Without CVPS�s support, we could
not have become a cow power producer,� said Mark St. Pierre, owner
of Pleasant Valley Farm, which created Berkshire Cow Power LLC as a
separate holding company. �This provides solid financial benefits
while improving our manure management, local air quality and the
environment at large� CVPS Cow Power� is the nation�s first
manure-based renewable energy program linking consumers and
farmers. CVPS customers can choose to receive all, half or a
quarter of their electrical energy through Cow Power. Customers pay
a premium of 4 cents per kilowatt hour for CVPS Cow Power�, which
goes to participating farm-producers, to purchase renewable energy
credits when enough farm energy isn�t available, or to the CVPS
Renewable Development Fund. The fund provides grants to farm owners
to develop on-farm generation. As a VEC member, the farm will
receive the market price for the energy sold to VEC. Since it will
come from a known renewable source and at the same price as the
market, both VEC�s members and the environment will benefit. To
create Cow Power, manure and other farm waste are held in a sealed
concrete tank at the same temperature as a cow�s stomach, 101
degrees. Bacteria digest the volatile components, creating methane
and killing pathogens and weed seeds. The methane, a greenhouse gas
which is roughly 20 times more effective than carbon dioxide at
trapping heat in the atmosphere, fuels an engine/generator.
Berkshire Cow Power is expected to produce 3 million kilowatt-hours
per year. The reduced methane emissions from the farm are expected
to have an environmental impact equivalent to removing 4,695 tons
of CO2 from the air annually. That�s akin to removing 1,015 cars
from the highway. Blue Spruce Farm in Bridport was the first CVPS
Cow Power� producer, starting in 2005. Besides Berkshire Cow Power,
four farms in CVPS�s service territory are in the process of
developing generators and are expected on-line in 2007. The four
farms, which received grant offers totaling more than $660,000 from
the CVPS Renewable Development Fund to help get them started,
include: Green Mountain Dairy Farm in Sheldon, owned by Brian and
Bill Rowell; Montagne Farms in St. Albans, two farms owned by Dave
Montagne; Newmont Farms LLC in Fairlee, owned by Walter and
Margaret Gladstone; and Deer Flats Farm in West Pawlet, owned by
Dick and Rich Hulett. CVPS Cow Power(TM) is extending its reach,
giving a farm from outside Central Vermont Public Service's (NYSE:
CV) territory the opportunity to be part of the nation's first
farm-to-customer renewable energy choice program. Vermont's largest
utility today announced an agreement with a Richford farm served by
Vermont's largest member-owned electric utility, Vermont Electric
Cooperative (VEC), to be the first non-CV farm under contract with
the CVPS Cow Power(TM) program. "Through this agreement with
Berkshire Cow Power LLC, we are expanding the clean, renewable
energy produced in Vermont from cow manure and extending the value
of our program across utility service territories," CVPS President
Bob Young said. "We hope this will be the first of many outside
farms to join farms within our service territory as we continue to
develop this market, which is producing wonderful environmental
benefits and helping Vermont farmers at a time of severe financial
hardship." The contract was reached through the cooperation of VEC
and its farm member, Berkshire Cow Power LLC. VEC Chief Executive
Officer David Hallquist said all of VEC's members and the
environment benefit from this joint arrangement. Under separate
contracts, VEC will purchase the farm's electrical output and CVPS
will purchase the renewable energy credits and related benefits
associated with the farm-based generation on behalf of customers.
CVPS Cow Power(TM) agreed to purchase credits and all associated
renewable attributes for 4 cents per kilowatt-hour. "Without CVPS's
support, we could not have become a cow power producer," said Mark
St. Pierre, owner of Pleasant Valley Farm, which created Berkshire
Cow Power LLC as a separate holding company. "This provides solid
financial benefits while improving our manure management, local air
quality and the environment at large" CVPS Cow Power(TM) is the
nation's first manure-based renewable energy program linking
consumers and farmers. CVPS customers can choose to receive all,
half or a quarter of their electrical energy through Cow Power.
Customers pay a premium of 4 cents per kilowatt hour for CVPS Cow
Power(TM), which goes to participating farm-producers, to purchase
renewable energy credits when enough farm energy isn't available,
or to the CVPS Renewable Development Fund. The fund provides grants
to farm owners to develop on-farm generation. As a VEC member, the
farm will receive the market price for the energy sold to VEC.
Since it will come from a known renewable source and at the same
price as the market, both VEC's members and the environment will
benefit. To create Cow Power, manure and other farm waste are held
in a sealed concrete tank at the same temperature as a cow's
stomach, 101 degrees. Bacteria digest the volatile components,
creating methane and killing pathogens and weed seeds. The methane,
a greenhouse gas which is roughly 20 times more effective than
carbon dioxide at trapping heat in the atmosphere, fuels an
engine/generator. Berkshire Cow Power is expected to produce 3
million kilowatt-hours per year. The reduced methane emissions from
the farm are expected to have an environmental impact equivalent to
removing 4,695 tons of CO2 from the air annually. That's akin to
removing 1,015 cars from the highway. Blue Spruce Farm in Bridport
was the first CVPS Cow Power(TM) producer, starting in 2005.
Besides Berkshire Cow Power, four farms in CVPS's service territory
are in the process of developing generators and are expected
on-line in 2007. The four farms, which received grant offers
totaling more than $660,000 from the CVPS Renewable Development
Fund to help get them started, include: -- Green Mountain Dairy
Farm in Sheldon, owned by Brian and Bill Rowell; -- Montagne Farms
in St. Albans, two farms owned by Dave Montagne; -- Newmont Farms
LLC in Fairlee, owned by Walter and Margaret Gladstone; and -- Deer
Flats Farm in West Pawlet, owned by Dick and Rich Hulett.
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